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Gender Differences in Managerial Compensation - Evidences from Denmark

Mette Lausten ()

No 01-4, Working Papers from University of Aarhus, Aarhus School of Business, Department of Economics

Abstract: This paper examines the gender earnings gap at the executive level on a unique data set of Danish executives in the period 1992-1995. Ordinary wage equations show that the wage gap disappears when controlling for “Who you are”, “Where you work” and “What you do”. Additionally, decomposition into inter- and intra-occupational differences shows that two thirds of the wage gap are due to differences between occupations. Individual-specific characteristics contribute negatively to the wage gap, i.e. in favour of women. Decomposing by real authority level shows a larger unexplained part of the wage gap. Real authority is more discriminating than formal authority.

Keywords: Managerial compensation; Gender wage gap; Corporate governance (search for similar items in EconPapers)
JEL-codes: J31 J44 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2001-01-01
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